AGM Details

  • Date: Thursday, July 2, 2026
  • Time: 10:30 a.m. (IST)
  • Mode: Video Conferencing/Other Audio-Visual Means (Virtual)
  • Cut-off date: Thursday, June 25, 2026 for determining members entitled to vote

Ordinary Business Items

Item No. 1: Adoption of Audited Standalone Financial Statements

To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon.

Item No. 2: Adoption of Audited Consolidated Financial Statements

To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Report of the Auditors thereon.

Item No. 3: Declaration of Dividend

To declare dividend of ₹4 per Ordinary (equity) Share of face value ₹1 each for the Financial Year 2025-26 (400% dividend).

Item No. 4: Re-appointment of Director

To appoint a Director in the place of Mr. Koushik Chatterjee (DIN: 00004989), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and, being eligible, seeks re-appointment.

Special Business Items

Item No. 5: Ratification of Remuneration of Cost Auditors

Ordinary Resolution to ratify remuneration of ₹35 lakh plus applicable taxes and reimbursement of out-of-pocket expenses payable to Messrs Shome & Banerjee, Cost Accountants (Firm Registration Number - 000001) as Cost Auditors for FY2026-27.

Item No. 6: Material Related Party Transaction with Tata Capital Limited

Ordinary Resolution to approve material related party transactions with Tata Capital Limited (part of Promoter Group) for aggregate value up to ₹15,060 crore during FY2026-27 for:

  • Financial services including factoring of receivables (₹15,020 crore)
  • Sale of goods including NestIn products (₹40 crore)
  • Factoring charges in range of 9.10% to 9.35% p.a.
  • Transactions at arm's length and in ordinary course of business

Item No. 7: Material Related Party Transaction with Tata International West Asia DMCC

Ordinary Resolution to approve material related party transactions with Tata International West Asia DMCC (subsidiary of Tata Sons) for aggregate value up to ₹5,715 crore during FY2026-27 for:

  • Sale of steel products (₹5,500 crore)
  • Purchase of steel products/scrap (₹215 crore)
  • Transactions at arm's length and in ordinary course of business

Item No. 8: Material Related Party Transaction between Tata Steel UK Limited and Tata International West Asia DMCC

Ordinary Resolution to approve material related party transactions between Tata Steel UK Limited (wholly owned subsidiary) and Tata International West Asia DMCC for aggregate value up to ₹6,700 crore during FY2026-27 for purchase of steel products.

Dividend Details

  • Record Date: Friday, June 12, 2026
  • Dividend Payment Date: Monday, July 6, 2026 (through electronic mode only)
  • Dividend Amount: ₹4 per equity share (400%)
  • TDS: Applicable as per Income Tax Act, 2025

Voting Information

  • Remote e-Voting Period: June 28, 2026 (9:00 a.m.) to July 1, 2026 (5:00 p.m.)
  • Scrutinizer: Mr. P. N. Parikh (or alternatively Ms. Jigyasa Ved or Mr. Mitesh Dhabliwala) of M/s Parikh & Associates
  • Results Declaration: Within timelines stipulated under Regulation 44 of SEBI Listing Regulations

Registrar and Transfer Agent

MUFG Intime India Private Limited (formerly Link Intime India Private Limited)

Related Party Transaction Details

Tata Capital Limited Transactions (₹15,060 crore)

  • Factoring services for working capital efficiency and risk mitigation
  • Leasing services for IT assets, vehicles, equipment
  • Sale of NestIn and other products
  • TCL financial performance (FY2025-26): Turnover ₹23,051.50 crore, PAT ₹3,201.14 crore, Net Worth ₹39,012.59 crore

Tata International West Asia DMCC Transactions (₹5,715 crore)

  • Sale and purchase of steel products
  • TIWA financial performance (FY2025-26): Turnover ₹8,589 crore, PAT (₹21) crore, Net Worth ₹8 crore

Tata Steel UK Limited with TIWA Transactions (₹6,700 crore)

  • Purchase of steel products during transition to electric arc furnace route
  • Supporting downstream operations during restructuring

Director Re-appointment Details

Mr. Koushik Chatterjee Profile

  • Age: 57 years
  • Qualification: Fellow Member of ICAI
  • Experience: Over three decades in finance, M&A, restructuring
  • Current Role: Executive Director and Chief Financial Officer since 2004
  • Board Appointment: Whole-time Director since November 2012, term until November 8, 2027
  • Shareholding: 19,660 equity shares
  • Board Meeting Attendance: 6 out of 6 meetings in FY2025-26

Additional Information

  • The 11th Integrated Report & 119th Annual Accounts for FY2025-26 is available on company website
  • Members can join AGM through NSDL website (www.evoting.nsdl.com)
  • Physical attendance dispensed with as per MCA Circulars
  • Related parties shall not vote on resolutions under Items 6, 7 and 8
  • All RPTs have been evaluated by external independent consulting firm and confirmed to be at arm's length